ICFAI Business School Mumbai offers a two-year PGPM program for students who want management education with strong corporate exposure. The program focuses on practical learning through case studies, live projects, presentations, internships, and industry interaction. Students first study core management subjects and later choose specialisations such as Finance, Marketing, Human Resources, Operations, and Information Technology. The ICFAI Business School Mumbai fees for the PGPM program are around INR 9.09 lakhs for two years.
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IBS Mumbai MBA Fees and Courses
The flagship program offered at ICFAI Business School Mumbai is the two-year PGPM program for the 2026–2028 batch. Even though the Mumbai campus offers PGPM instead of a university MBA degree, the course structure is designed at the same level as an MBA program and is accepted by recruiters across industries.
The course focuses on practical learning. Students study subjects related to management, business strategy, marketing, finance, analytics, operations, communication, and leadership. The first year covers core management subjects. In the second year, students can specialise in areas such as:
- Finance
- Marketing
- Human Resources
- Operations
- Information Technology
Finance remains one of the most preferred specialisations at IBS Mumbai because the campus is located in Mumbai, India’s financial centre. Talking about the ICFAI Business School fee structure, the total academic fee for the PGPM program at IBS Mumbai is approximately INR 9.09 lakhs for two years.
Apart from the tuition fee, students also need to pay a refundable caution deposit of INR 10,000 along with the first instalment. Accommodation and personal living expenses are not included in the IBS Mumbai academic fees, as the institute does not provide its own on-campus hostel facility.
IBS Mumbai Fee Structure
The detailed PGPM fee structure and details are mentioned below:
| Particulars | Amount |
| Program Name | PGPM Program (2026–2028) |
| Course Duration | 2 Years |
| IBS Mumbai MBA Fees / PGPM Fees | INR 9,09,000 |
| Refundable Caution Deposit | INR 10,000 |
| Specialisations Available | Finance, Marketing, HR, Operations, IT |
| Admission Mode | Online |
IBS Mumbai Admission Process
Students can apply using scores from exams like CAT, XAT, NMAT, GMAT, or IBSAT. After that, the IBS Mumbai admission process includes selection rounds such as group discussion, micro presentation, and personal interview.
After shortlisting, students usually go through:
- Group Discussion or Micro Presentation
- Personal Interview
- Final Selection Round
The institute checks academic background, entrance scores, communication skills, and overall profile before offering admission.
IBS Mumbai Courses and Fees FAQs
What is the total fee for the IBS Mumbai PGPM program?
The total fee for the IBS Mumbai PGPM program is approximately INR 9.09 lakh.
Does IBS Mumbai offer an MBA degree?
IBS Mumbai offers a Post Graduate Program in Management (PGPM), which follows an MBA-level curriculum and is widely recognised by recruiters across industries.
Which specialisations are offered at IBS Mumbai?
IBS Mumbai offers specialisations in Finance, Marketing, Human Resources, Operations, and Information Technology.
Which entrance exams are accepted for IBS Mumbai admission?
IBS Mumbai accepts IBSAT, CAT, XAT, NMAT, and GMAT scores for admission to the PGPM program.
What are the eligibility criteria for IBS Mumbai admission?
Candidates must hold a bachelor’s degree with at least 50% marks from a recognised university to be eligible for admission.
Is IBS Mumbai good for MBA/PGPM?
Yes, IBS Mumbai is considered a good option for management studies because of its practical learning approach, corporate exposure, placement support, and location advantage in Mumbai.
Is the caution deposit included in the IBS Mumbai course fee?
No, students must separately pay a refundable caution deposit of INR 10,000 along with the first instalment of the program fee.

